Scotts Miracle-Gro Co reports results for the quarter ended December 31 - Earnings Summary

Scotts Miracle-Gro

29/01/2025 14:32

* Scotts Miracle-Gro Co  SMG.N  reported a quarterly
adjusted loss
of 89 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of $-1.45.  The mean expectation of eight analysts
for the quarter was for a loss of $1.23 per share. Wall Street
expected results to range from $-1.36 to $-1.09 per share.
    * Revenue rose 1.6% to $416.80 million from a year ago;
analysts
expected $392.34 million. 
    * Scotts Miracle-Gro Co's reported EPS for the quarter was a
loss
of $1.21​.
    * The company reported a quarterly loss of $69.5 million.
    * Scotts Miracle-Gro Co shares had risen by 14.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the agricultural
chemicals peer group is  "hold."

Wall Street's median 12-month price target for Scotts
Miracle-Gro Co is $78.00 
This summary was machine generated from LSEG data January 29 at
02:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -1.23          -0.89          Beat
 Sep. 30 2024      -1.97          -2.31          Missed
 Jun. 30 2024      1.93           2.31           Beat
 Mar. 31 2024      3.40           3.69           Beat